Riverside Pb Ratio vs Ptb Ratio Analysis

RRI Stock

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Riverside Resources financial indicator trend analysis is much more than just breaking down Riverside Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Riverside Resources is a good investment. Please check the relationship between Riverside Resources Pb Ratio and its Ptb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riverside Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Pb Ratio vs Ptb Ratio

Pb Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Riverside Resources Pb Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.

The correlation between Riverside Resources' Pb Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Riverside Resources, assuming nothing else is changed. The correlation between historical values of Riverside Resources' Pb Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Riverside Resources are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Pb Ratio i.e., Riverside Resources' Pb Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Pb Ratio

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most indicators from Riverside Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Riverside Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Riverside Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Riverside Resources' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 7.43 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	1.3M	1.2M	1.1M	1.0M
Depreciation And Amortization	63.2K	54.8K	63.0K	43.5K

Other Operating Expenses Depreciation And Amortization

Riverside Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Non Currrent Assets Other	Inventory	Other Current Assets	Other Current Liab	Common Stock	Net Tangible Assets	Other Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital
Total Assets		0.7	0.96	0.82	-0.75	-0.46	0.59	0.7	0.87	0.88	0.34	0.85	-0.04	-0.29	0.7	0.89	0.07	0.14	0.27	0.44	0.65	0.73	0.19	0.52	0.67	0.26
Total Current Liabilities	0.7		0.46	0.51	-0.7	-0.34	0.4	0.58	0.59	0.55	-0.04	0.75	-0.24	-0.23	1.0	0.64	0.11	0.37	0.4	0.85	0.55	0.5	0.58	0.55	0.42	-0.03
Total Stockholder Equity	0.96	0.46		0.82	-0.64	-0.43	0.57	0.63	0.84	0.87	0.44	0.75	0.05	-0.26	0.46	0.84	0.04	0.02	0.17	0.19	0.59	0.7	-0.01	0.42	0.66	0.34
Property Plant And Equipment Net	0.82	0.51	0.82		-0.65	-0.67	0.51	0.6	0.99	0.54	0.32	0.86	-0.27	-0.51	0.51	0.48	0.44	0.3	-0.09	0.35	0.79	0.6	0.29	0.72	0.52	-0.09
Net Debt	-0.75	-0.7	-0.64	-0.65		0.38	-0.78	-0.96	-0.74	-0.56	0.05	-0.79	0.61	0.51	-0.7	-0.59	0.02	-0.48	-0.16	-0.52	-0.78	-0.77	-0.09	-0.53	-0.79	-0.31
Retained Earnings	-0.46	-0.34	-0.43	-0.67	0.38		-0.1	-0.34	-0.63	-0.18	-0.23	-0.67	0.24	0.08	-0.34	-0.19	-0.47	-0.22	-0.02	-0.23	-0.52	0.04	-0.28	-0.31	-0.12	0.28
Accounts Payable	0.59	0.4	0.57	0.51	-0.78	-0.1		0.86	0.58	0.57	-0.09	0.5	-0.38	-0.36	0.4	0.47	-0.1	0.22	-0.15	0.26	0.59	0.7	-0.22	0.43	0.79	0.31
Cash	0.7	0.58	0.63	0.6	-0.96	-0.34	0.86		0.68	0.54	0.0	0.71	-0.6	-0.47	0.58	0.55	-0.02	0.46	0.06	0.43	0.8	0.76	-0.05	0.51	0.82	0.35
Non Current Assets Total	0.87	0.59	0.84	0.99	-0.74	-0.63	0.58	0.68		0.59	0.23	0.9	-0.32	-0.51	0.59	0.55	0.36	0.31	-0.01	0.42	0.81	0.67	0.28	0.7	0.62	0.01
Cash And Short Term Investments	0.88	0.55	0.87	0.54	-0.56	-0.18	0.57	0.54	0.59		0.36	0.6	0.3	0.0	0.55	0.95	-0.28	-0.12	0.21	0.19	0.33	0.6	-0.1	0.22	0.59	0.41
Net Receivables	0.34	-0.04	0.44	0.32	0.05	-0.23	-0.09	0.0	0.23	0.36		0.26	0.38	0.15	-0.04	0.36	0.25	0.1	-0.21	-0.03	0.22	0.07	0.04	0.23	-0.03	-0.13
Common Stock Shares Outstanding	0.85	0.75	0.75	0.86	-0.79	-0.67	0.5	0.71	0.9	0.6	0.26		-0.36	-0.33	0.75	0.61	0.21	0.39	0.11	0.56	0.79	0.57	0.34	0.57	0.61	0.07
Short Term Investments	-0.04	-0.24	0.05	-0.27	0.61	0.24	-0.38	-0.6	-0.32	0.3	0.38	-0.36		0.57	-0.24	0.23	-0.24	-0.67	0.07	-0.37	-0.65	-0.39	-0.13	-0.4	-0.45	-0.06
Other Stockholder Equity	-0.29	-0.23	-0.26	-0.51	0.51	0.08	-0.36	-0.47	-0.51	0.0	0.15	-0.33	0.57		-0.23	-0.01	-0.29	-0.33	0.03	-0.29	-0.51	-0.6	-0.33	-0.7	-0.23	0.14
Total Liab	0.7	1.0	0.46	0.51	-0.7	-0.34	0.4	0.58	0.59	0.55	-0.04	0.75	-0.24	-0.23		0.64	0.11	0.37	0.39	0.85	0.55	0.5	0.58	0.55	0.42	-0.04
Total Current Assets	0.89	0.64	0.84	0.48	-0.59	-0.19	0.47	0.55	0.55	0.95	0.36	0.61	0.23	-0.01	0.64		-0.22	-0.05	0.46	0.35	0.36	0.61	0.06	0.22	0.56	0.43
Non Currrent Assets Other	0.07	0.11	0.04	0.44	0.02	-0.47	-0.1	-0.02	0.36	-0.28	0.25	0.21	-0.24	-0.29	0.11	-0.22		0.35	-0.15	0.37	0.46	0.0	0.58	0.63	-0.15	-0.64
Inventory	0.14	0.37	0.02	0.3	-0.48	-0.22	0.22	0.46	0.31	-0.12	0.1	0.39	-0.67	-0.33	0.37	-0.05	0.35		-0.27	0.53	0.66	0.31	0.26	0.51	0.3	-0.15
Other Current Assets	0.27	0.4	0.17	-0.09	-0.16	-0.02	-0.15	0.06	-0.01	0.21	-0.21	0.11	0.07	0.03	0.39	0.46	-0.15	-0.27		0.35	-0.11	0.16	0.34	-0.17	0.05	0.33
Other Current Liab	0.44	0.85	0.19	0.35	-0.52	-0.23	0.26	0.43	0.42	0.19	-0.03	0.56	-0.37	-0.29	0.85	0.35	0.37	0.53	0.35		0.51	0.37	0.79	0.63	0.19	-0.3
Common Stock	0.65	0.55	0.59	0.79	-0.78	-0.52	0.59	0.8	0.81	0.33	0.22	0.79	-0.65	-0.51	0.55	0.36	0.46	0.66	-0.11	0.51		0.69	0.24	0.77	0.69	0.03
Net Tangible Assets	0.73	0.5	0.7	0.6	-0.77	0.04	0.7	0.76	0.67	0.6	0.07	0.57	-0.39	-0.6	0.5	0.61	0.0	0.31	0.16	0.37	0.69		0.04	0.59	0.81	0.45
Other Assets	0.19	0.58	-0.01	0.29	-0.09	-0.28	-0.22	-0.05	0.28	-0.1	0.04	0.34	-0.13	-0.33	0.58	0.06	0.58	0.26	0.34	0.79	0.24	0.04		0.58	-0.29	-0.63
Property Plant Equipment	0.52	0.55	0.42	0.72	-0.53	-0.31	0.43	0.51	0.7	0.22	0.23	0.57	-0.4	-0.7	0.55	0.22	0.63	0.51	-0.17	0.63	0.77	0.59	0.58		0.27	-0.43
Net Invested Capital	0.67	0.42	0.66	0.52	-0.79	-0.12	0.79	0.82	0.62	0.59	-0.03	0.61	-0.45	-0.23	0.42	0.56	-0.15	0.3	0.05	0.19	0.69	0.81	-0.29	0.27		0.67
Net Working Capital	0.26	-0.03	0.34	-0.09	-0.31	0.28	0.31	0.35	0.01	0.41	-0.13	0.07	-0.06	0.14	-0.04	0.43	-0.64	-0.15	0.33	-0.3	0.03	0.45	-0.63	-0.43	0.67

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Riverside Resources Account Relationship Matchups

Riverside Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.2M	14.9M	16.3M	15.3M	17.6M	11.6M
Total Current Liabilities	2.6M	3.9M	4.1M	1.8M	2.0M	1.3M
Total Stockholder Equity	9.6M	11.0M	12.2M	13.6M	15.6M	10.3M
Property Plant And Equipment Net	5.4M	6.3M	4.8M	6.6M	7.6M	4.4M
Net Debt	(4.6M)	(6.0M)	(6.9M)	(7.2M)	(6.5M)	(6.2M)
Retained Earnings	(16.6M)	(15.9M)	(16.1M)	(16.5M)	(14.8M)	(15.6M)
Accounts Payable	158.2K	474.3K	238.4K	482.3K	554.6K	582.3K
Cash	4.6M	6.0M	6.9M	7.2M	8.3M	8.7M
Non Current Assets Total	5.4M	7.3M	5.9M	7.4M	8.6M	4.6M
Cash And Short Term Investments	6.1M	7.4M	7.1M	7.4M	8.5M	6.3M
Net Receivables	610.2K	95.2K	203.5K	380.4K	437.5K	394.4K
Common Stock Shares Outstanding	72.6M	66.1M	67.8M	67.8M	78.0M	44.8M
Short Term Investments	1.5M	1.4M	130.2K	181.3K	163.2K	155.0K
Liabilities And Stockholders Equity	12.2M	14.9M	16.3M	15.3M	17.6M	11.6M
Other Stockholder Equity	1.9M	1.2M	1.4M	2.3M	2.1M	2.0M
Total Liab	2.7M	3.9M	4.1M	1.8M	2.0M	1.3M
Total Current Assets	6.8M	7.6M	10.4M	7.9M	9.1M	7.0M
Other Current Assets	109.7K	129.6K	3.1M	1.0	1.15	1.09
Other Current Liab	2.5M	3.4M	3.8M	1.3M	1.5M	1.7M
Accumulated Other Comprehensive Income	1.2M	1.4M	2.3M	4.0M	4.6M	2.4M
Common Stock	27.3M	25.0M	25.5M	26.0M	29.9M	26.3M
Net Tangible Assets	10.1M	9.6M	11.0M	12.2M	14.1M	10.4M
Property Plant Equipment	6.6M	5.4M	6.3M	4.8M	5.6M	5.2M
Net Invested Capital	9.6M	11.0M	12.2M	13.6M	15.6M	11.8M
Net Working Capital	4.1M	3.7M	6.3M	6.1M	7.0M	5.1M
Capital Stock	27.3M	25.0M	25.5M	26.0M	29.9M	28.3M

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